Faber: The frame of mind of American economic policymakers

 EmailPrint This Post Print This Post

“I seldom become depressed, but when I consider that prosperity is created by ‘peace, easy taxes and a tolerable administration of justice’ I really think the US and other Western governments are doing their very best to impoverish their countries,” said Marc Faber in a thought-provoking two-part article published by The Daily Reckoning.

Hong Kong-based Faber, editor of The Gloom, Boom and Doom Report and Tomorrow’s Gold, pulls no punches in his assessment of the economic policies being pursued by the US administration.

Click here for Faber’s full report.

Source: The Daily Reckoning (Part 1 & Part 2), June 10 & 11, 2009.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

More on this topic (What's this?)
Has Gold & Silver Finally Bottomed?
Read more on Gold, Marc Faber at Wikinvest
OverSeas Radio Network

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  

  

  

Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones


One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Feed the Bull